DeFi lending protocol, Compound Finance [COMP], showed signs of exiting its 0.56% 24-hour decrease after Longling Capital repaid all it borrowed from the Compound pool. 

In a tweet by Lookonchian, the investment group returned the loan into two transactions using Compound Ether (cETH). The first was valued at $23.77 million while the other amounted to $13.89 million. 

Following the development, CoinMarketCap showed that COMP reversed its price trend as it picked up a quick 0.65% increase in the last one hour. Data from the price tracking platform revealed that COMP’s seven-day performance was in the greens at 9.80%.

However, indications from the daily chart showed that COMP could wobble in the short term. This was due to the trend shown by the Moving Average Convergence Divergence (MACD).